Company Registration No. 08194221 (England and Wales)
OKPB Limited
Unaudited accounts
for the year ended 31 August 2023
OKPB Limited
Unaudited accounts
Contents
OKPB Limited
Company Information
for the year ended 31 August 2023
Directors
Dylan Owen
Ainsley Baddeley
Company Number
08194221 (England and Wales)
Registered Office
37 Greenway
Trentham
Stoke on Trent
ST4 8AN
Accountants
Victoria Miles Accountants
Stafford Education and Enterprise Park
Weston Road
Stafford
Staffordshire
ST18 0BF
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
OKPB Limited
for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
OKPB Limited for the year ended
31 August 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of OKPB Limited, as a body, in accordance with the terms of our engagement letter dated 3 December 2020. Our work has been undertaken solely to prepare for your approval the accounts of OKPB Limited and state those matters that we have agreed to state to the Board of Directors of OKPB Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OKPB Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that OKPB Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of OKPB Limited. You consider that OKPB Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of OKPB Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Victoria Miles Accountants
Chartered Certified Accountants
Stafford Education and Enterprise Park
Weston Road
Stafford
Staffordshire
ST18 0BF
20 March 2024
OKPB Limited
Statement of financial position
as at 31 August 2023
Tangible assets
53,135
54,437
Cash at bank and in hand
36,038
19,846
Creditors: amounts falling due within one year
(60,687)
(59,594)
Net current liabilities
(2,019)
(24,654)
Total assets less current liabilities
51,116
29,783
Creditors: amounts falling due after more than one year
(5,750)
(8,750)
Provisions for liabilities
Deferred tax
(10,096)
(10,343)
Called up share capital
2
2
Profit and loss account
35,268
10,688
Shareholders' funds
35,270
10,690
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by
Dylan Owen
Director
Company Registration No. 08194221
OKPB Limited
Notes to the Accounts
for the year ended 31 August 2023
OKPB Limited is a private company, limited by shares, registered in England and Wales, registration number 08194221. The registered office is 37 Greenway, Trentham, Stoke on Trent, ST4 8AN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2022
161,197
2,649
163,846
Additions
16,587
168
16,755
At 31 August 2023
177,784
2,817
180,601
At 1 September 2022
107,877
1,532
109,409
Charge for the year
17,477
580
18,057
At 31 August 2023
125,354
2,112
127,466
At 31 August 2023
52,430
705
53,135
At 31 August 2022
53,320
1,117
54,437
OKPB Limited
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Trade debtors
11,229
2,470
Accrued income and prepayments
870
2,539
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,000
3,000
Taxes and social security
9,552
1,798
Loans from directors
37,568
49,116
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).